0000937098-19-000056.txt : 20190220 0000937098-19-000056.hdr.sgml : 20190220 20190220213721 ACCESSION NUMBER: 0000937098-19-000056 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190215 FILED AS OF DATE: 20190220 DATE AS OF CHANGE: 20190220 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Goldfield Burton M. CENTRAL INDEX KEY: 0001271858 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36373 FILM NUMBER: 19620405 MAIL ADDRESS: STREET 1: TRINET GROUP, INC. STREET 2: 1100 SAN LEANDRO BLVD., STE. 400 CITY: SAN LEANDRO STATE: CA ZIP: 94577 FORMER NAME: FORMER CONFORMED NAME: GOLDFIELD BURTON DATE OF NAME CHANGE: 20031202 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TRINET GROUP INC CENTRAL INDEX KEY: 0000937098 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 953359658 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: ONE PARK PLACE., SUITE 600 CITY: DUBLIN STATE: CA ZIP: 94568 BUSINESS PHONE: 5103525000 MAIL ADDRESS: STREET 1: ONE PARK PLACE., SUITE 600 CITY: DUBLIN STATE: CA ZIP: 94568 FORMER COMPANY: FORMER CONFORMED NAME: TRINET EMPLOYER GROUP INC DATE OF NAME CHANGE: 20000126 4 1 wf-form4_155071662136776.xml FORM 4 X0306 4 2019-02-15 0 0000937098 TRINET GROUP INC TNET 0001271858 Goldfield Burton M. TRINET GROUP, INC. ONE PARK PLACE, SUITE 600 DUBLIN CA 94568 1 1 0 0 PRESIDENT, CEO and DIRECTOR Common Stock 2019-02-15 4 M 0 2176 A 173985 D Common Stock 2019-02-15 4 F 0 753 49.53 D 173232 D Common Stock 2019-02-15 4 M 0 8616 A 207699 D Common Stock 2019-02-15 4 F 0 2980 49.53 D 204719 D Common Stock 2019-02-15 4 M 0 3571 A 236853 D Common Stock 2019-02-15 4 F 0 1335 49.53 D 235518 D Common Stock 2019-02-15 4 F 0 1302 49.53 D 234216 D Common Stock 2019-02-20 4 M 0 7500 10.98 A 241716 D Common Stock 2019-02-20 4 S 0 10519 60.7748 D 231197 D Common Stock 2019-02-20 4 S 0 100 61.26 D 231097 D Common Stock 2019-02-20 4 S 0 7500 60.92 D 223597 D Common Stock 2019-02-20 4 S 0 7500 60.92 D 1059056 I By Trust Common Stock 2019-02-20 4 S 0 1902 60.92 D 0 I By Trust Restricted Stock Units 2019-02-15 4 M 0 2176 0 D Common Stock 2176.0 0 D Restricted Stock Units 2019-02-15 4 M 0 8616 0 D Common Stock 8616.0 0 D Restricted Stock Units 2019-02-15 4 M 0 3571 0 D Common Stock 3571.0 0 D Employee Stock Option (right to buy) 10.98 2019-02-20 4 M 0 7500 0 D 2024-02-11 Common Stock 7500.0 152891 D Restricted Stock Units convert into common stock on a one-for-one basis. Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of the restricted stock units granted on March 5, 2015. Includes 25,851 unvested restricted stock units ("RSUs") from an award of 137,868 RSUs originally granted on January 4, 2016 and were previously reported in Table II of a Form 4 filed by the Reporting Person on January 6, 2016 and which are now being reported as common stock and included in Column 5 of Table I. The RSUs are subject to a 4-year vesting schedule: one-sixteenth of the total number of shares vesting quarterly on the 15th day of the second month of each calendar quarter following the grant date. The RSUs are also subject to accelerated vesting upon certain events. Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of the restricted stock units granted on January 4, 2016. Includes 28,563 unvested restricted stock units ("RSUs") from an award of 57,126 RSUs originally granted on March 24, 2017 and were previously reported in Table II of a Form 4 filed by the Reporting Person on March 28, 2017 and which are now being reported as common stock and included in Column 5 of Table I. The RSUs are subject to a 4-year vesting schedule: one-sixteenth of the total number of shares vesting quarterly on the 15th day of the second month of each calendar quarter following the grant date. The RSUs are also subject to accelerated vesting upon certain events. Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of the restricted stock units granted on March 24, 2017. Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of the restricted stock awards granted on March 8, 2018. The exercise of stock options reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established. The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.23 to $61.145, inclusive. The Reporting Person undertakes to provide to TriNet Group, Inc., any security holder of TriNet Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. Reporting Person is a Trustee and shares voting and investment power over the shares held by Burton M. and Maud Carol Goldfield, Trustees, Burton M. Goldfield and Maud Carol Goldfield Trust, u/a/d 12/6/00. Reporting Person is a Trustee and shares voting and investment power over the shares held by Burton M. Goldfield and Maud Carol Goldfield, Trustees of the Alec Thunder Goldfield 2011 Irrevocable Trust. On March 5, 2015, the Reporting Person was granted 34,816 restricted stock units ("RSUs"), subject to a 4-year vesting schedule: one-sixteenth of the total number of shares vesting quarterly on the 15th day of the second month of each calendar quarter following the grant date. The RSUs are also subject to accelerated vesting upon certain events. On January 4, 2016, the Reporting Person was granted 137,868 restricted stock units ("RSUs"), subject to a 4-year vesting schedule: one-sixteenth of the total number of shares vesting quarterly on the 15th day of the second month of each calendar quarter following the grant date. The RSUs are also subject to accelerated vesting upon certain events. Such RSUs are now being reported as common stock and included in Column 5 of Table I. On March 24, 2017, the Reporting Person was granted 57,126 restricted stock units ("RSUs"), subject to a 4-year vesting schedule: one-sixteenth of the total number of shares vesting quarterly on the 15th day of the second month of each calendar quarter following the grant date. The RSUs are also subject to accelerated vesting upon certain events. Such RSUs are now being reported as common stock and included in Column 5 of Table I. Option is subject to a 4-year vesting schedule, with 25% vesting upon the 12-month anniversary of February 1, 2014, and 1/48th of the total number of shares vesting each month thereafter. The Option is also subject to accelerated vesting upon certain events. /s/ Helen Hong, Attorney-in-fact 2019-02-20